Meeting_Body
REVISED
PLANNING AND PROGRAMMING COMMITTEE
APRIL 19, 2023
Subject
SUBJECT: CAP-AND-TRADE LOW CARBON TRANSIT OPERATIONS PROGRAM (LCTOP)
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
APPROVE the Resolution in Attachment A that:
A. AUTHORIZES the Chief Executive Officer (CEO) or their designee to claim $52,157,339 in fiscal year (FY) 2022-23 LCTOP funds for the Division 8 Charging Infrastructure and En Route Charging for North San Fernando Valley Transit Corridor;
B. CERTIFIES that Metro will comply with LCTOP certification and assurances and the authorized agent requirements; and
C. AUTHORIZES the CEO or their designee to execute all required documents and any amendment with the California Department of Transportation.
Issue
ISSUE
The Low Carbon Transit Operations Program (LCTOP), a California Cap-and-Trade Program established in 2014, provides operating and capital assistance funds to public transportation agencies to reduce greenhouse gas emissions and improve mobility, prioritizing projects serving disadvantaged communities, similar to areas within Metro's Equity Focus Communities. The State issued the FY 2022-23 LCTOP guidelines in January 2023 and requires agencies to claim these formula grant funds by May 1, 2023. A complete grant package includes an adopted Board resolution that provides recipient project information and certifies that Metro will comply with all LCTOP conditions and requirements. Therefore, staff seeks Board approval of the Resolution contained in Attachment A.
Background
BACKGROUND
Each year, the State makes LCTOP formula grant funds available through a process administered by the California Department of Transportation (Caltrans) in coordination with the California Air Resources Board (CARB) and the State Controller's Office (SCO).
On March 1, 2023, the State notified eligible agencies of their FY 2022-23 fund allocation amounts, including $46,701,338 apportioned to Metro. In additi...
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